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3 years ago

The act that has its own definition and remedial steps for mistakenly created e-commerce contracts:

Business

1 answer:

diamong [38]3 years ago

8 0

Answer:

Electronic Signatures in Global and National Commerce Act (ESIGN)

Explanation:

The act with its definition and remedial steps for mistakenly created e-commerce contracts is" Electronic Signatures in Global and National Commerce Act (ESIGN)."

The United States Congress passed the Electronic Signatures in Global and National Commerce Act (ESIGN) in 2000. It has its definition by defining some keywords or phrases such as "Electronic," "Electronic Record," Electronic Signature," etc., under section 106 of the act.

It also states the remedial steps for mistakenly created e-commerce contracts under another section.

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Why do you think it’s important to find a career that matches your personality? Come up with an example (real or made-up) of a p

diamong [38]

Because you would want to enjoy what you wanna be if u didn’t then you maybe wouldn’t do it corrected because your not enjoying it. Hope this helps!

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2 years ago

An investor wishes to buy a new issue of U.S. Government agency bonds. You recommend that the customer purchase Federal Home Loa

aleksandrvk [35]

Answer: a par

Explanation:

From the question, we are informed that an investor wishes to buy a new issue of U.S. Government agency bonds and was recommend that the customer purchase Federal Home Loan Bank bonds with a 20 year maturity.

It should be noted that new issues that relate to agency securities are typically sold by a selling group which will be appointed by the agency and such groups are usually made up of broker dealers and large banks.

The group will then sell the issue to the public at par and out of the revenue that is made, a selling concession will be paid by the agency to the selling group.

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3 years ago

Western Union is in the business of providing a medium for international money transfers. Through the services of Western Union,

tatiyna

Answer: core service

Explanation: In simple words, core service refers to the service which are of highly value and importance to the user or provider or both.

These services are considered be essential for smooth operations of an economy or the organisation as the case may be.

In the given case, Western union has the business of transferring payments internationally. Hence we can conclude that they are providing the core service of their business.

5 0

3 years ago

Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec

choli [55]

Answer:

Explanation:

The computation of the depreciation expense under straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($42,000 - $1,990) ÷ (5 years)

= ($40,010) ÷ (5 years)

= $8,002

In this method, the depreciation is same for all the remaining useful life

The journal entries are shown below:

For 2019

Depreciation expense A/c Dr $8,002

To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

For 2020

Depreciation expense A/c Dr $8,002

To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

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3 years ago

Most businesses periodically remove bad accounts from their books true or false

Mashutka [201]

Answer: false

Most businesses remove or write off bad accounts but not periodically. By periodically means, it occurs at regular times which bad accounts are not. Accounts are considered bad accounts if they remained uncollectible after many months.

The entry to write off consists of 1) a credit to Accounts Receivable to remove it, and 2) a debit to Bad Debts Expense to report it.

5 0

3 years ago